First REIT shuts two properties as virus barrels across Indonesia
First REIT has temporarily shut down two of its properties as the COVID-19 pandemic continues to barrel across Indonesia. These…
Ascendas REIT acquires stake in business park for SGD103 million
Ascendas REIT has acquired a 25% equity stake in the holding entity for Galaxis for SGD102.91 million. Galaxis is a…
Singapore REITs better postured for upcoming downturn compared to 2008 crisis
Despite a recent rout, Singapore REITs are still better placed financially to weather the impending downturn compared to the 2008…
Industry stalwarts cheer India’s move to re-exempt dividend tax on REITs, InvITs
Property industry stalwarts have welcomed a move by the Indian government to re-exempt India-listed REITs and infrastructure investment trusts (InvITs)…
Mapletree’s North Asia REIT downgraded as Hong Kong falters
The credit ratings of Mapletree North Asia Commercial Trust (MNACT) have been downgraded amid worsening economic conditions in Hong Kong,…
Singapore REITs sell-off is overdone, says Morgan Stanley
The sharp sell-off that affected Singapore-listed REITs over the past looks overdone, says Morgan Stanley, striking a more optimistic note…
Several Australia REITs defer distribution, withdraw guidance in face of growing uncertainty
A bevy of Australia-listed REITs have either withdrawn guidance for their respective distributions, or withheld these payouts indefinitely amid growing…
REITs will be defensive again despite correlated sell-off, says Principal Global Investors
Singapore investors witnessed a relatively significant REITs sell-off in mid-March 2020, amid the worsening COVID-19 outbreak globally, and a price…
Lippo Malls REIT shut properties as COVID-19 spreads across Indonesia
Lippo Malls Indonesia Retail Trust (LMIRT) is shutting its properties within the Greater Jakarta region, Bandung and Bali from 27…
Manulife US REIT spells out measures to bolster unit price
Manulife US REIT has spelled out measures that its manager and sponsor are willing to take, should its unit price…